Late Stage Mature Pre IPO Unicorns - PreIPOSwap.com

Company Rippling raises $250M in Series D funding

Parker Conrad — May 11, 2022 Rippling has raised $250M in a round co-led by Bedrock and Kleiner Perkins, with participation from existing investors Y Combinator, Sequoia Capital, and more. The round values the company at $11.25 billion. I’m grateful for these investors’ conviction in Rippling, for the employees that have gotten us to this point,[…]

HilleVax prices IPO at $17 per share, debuts today

By Niloofer Shaikh,   HilleVax (HLVX) has priced its upsized initial public offering of 11.765M shares of common stock at $17.00 per share, for gross proceeds of approximately $200M. The offering was upsized from $10.3M shares to 11.765M shares and priced within the estimated range of $16 and $18 per share. The shares are expected to begin trading on[…]

Biotech SPAC Bellevue Life Sciences Acquisition files for a $60 million IPO

By Renaissance Capital, Bellevue Life Sciences Acquisition, a blank check company backed by Bellevue Capital Management targeting the biotech sector, filed on Friday with the SEC to raise up to $60 million in an initial public offering. The Bellevue, WA-based company plans to raise $60 million by offering 6 million units at $10. Each unit[…]

All eyes on me: Leading eyecare company Bausch + Lomb sets terms for $788 million dual listing in the US and Canada

By Renaissance Capital, Bausch + Lomb, a leading supplier of contact lenses and eyecare products, announced terms for its IPO on Thursday. The company plans to dual list on the Toronto Stock Exchange. The Vaughan, Canada-based company plans to raise $788 million by offering 35 million shares (100% secondary) at a price range of $21 to[…]

Norovirus vaccine developer HilleVax upsizes proposed IPO to $175M

By Val Kennedy,    Novovirus vaccine developer HilleVax (HLVX) has upsized its initial public offering to $175M from $100M. The biotech company said in an amended filing on Monday that it now plans to offer 10.3M shares priced between $16 and $18 per share. If priced at the midpoint, the company would raise approximately $175M. In a filing[…]

Lung cancer test developer BioAffinity files for $19M IPO

By Val Kennedy,     BioAffinity Technologies (BIAF), which is developing a test to better detect lung cancer in its earliest stages, has filed for a $19M initial public offering. The Texas-based diagnostics maker didn’t specify the number of shares to be offered and their pricing, but indicated that it hoped to raise up to $19M through[…]

Singapore-based JE Cleantech Holdings prices US IPO at $4

By Renaissance Capital, JE Cleantech Holdings, which makes cleaning equipment and provides dishwashing and cleaning services in Singapore, raised $15 million by offering 3.8 million shares (20% secondary) at $4, as expected. JE Cleantech has been selling cleaning systems since 2005 and makes a broad range of products, including aqueous washing systems, plating and cleaning[…]

Malaysian e-payment app Treasure Global files for a $29 million IPO

By Renaissance Capital, Treasure Global, which provides an e-payment app in Malaysia that offers instant rebates, filed on Tuesday with the SEC to raise up to $29 million in an initial public offering. Treasure Global’s e-payment application, ZCITY App, is designed to offer consumers and merchants instant rebates and affiliate cashback programs, while providing a[…]

Rivian CEO Warns Of Coming EV Battery Supply Shortage | ZeroHedge

From: zerohedge Rivian CEO Warns Of Coming EV Battery Supply Shortage | ZeroHedge Rivian’s CEO is warning about a forthcoming shortage of battery supplies and says the forthcoming challenge from such a shortage would be more profound for the industry than the current semiconductor shortage.  EV companies are in the midst of trying to scramble[…]

Bolt valuation tanks after founder slams Silicon Valley ‘mob bosses’

From: nypost Bolt valuation tanks after founder slams Silicon Valley ‘mob bosses’ A multibillion-dollar tech startup whose founder made waves earlier this year when he compared Silicon Valley to a “boys’ club” full of “mob bosses” has since seen its valuation in the secondary market crumble, The Post has learned.  San Francisco-based Bolt, which makes[…]